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Tag: crypto

Posted on 12/11/2020

Agricultural Giant Louis Dreyfus to Sell Major Stake to Abu Dhabi State Firm

Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
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Posted on 12/11/2020

Trump administration informs Congress of intent to sell $23B in arms to UAE

Secretary of State Mike Pompeo announced Tuesday that the Trump administration had formally notified Congress of its intent to sell approximately $23 billion in advanced weaponry to the United Arab …
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Posted on 12/11/2020

Italy showcases top children’s books in its first Sharjah International Book Fair pavilion

In its first SIBF pavilion, Italy is showcasing best-selling books — mostly children’s literature — from 14 of its leading publishers. Italy has joined the Sharjah International Book Fair (SIBF) for …
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Posted on 12/11/2020

Israeli settler delegation visits Dubai following UAE accord

A delegation of Israeli settlers is visiting Dubai, where they met with Emirati business people to discuss commercial opportunities following the United Arab Emirates’ establishment of formal ties …
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Posted on 11/11/2020

The Clock is Ticking On F-35, Drone Sale to UAE

The clock is ticking on the Trump administration’s push to sell F-35 fighter jets, armed Reaper drones, and a bevy of bombs and missiles to the United Arab Emirates. The State Department notified …
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Posted on 11/11/2020

Fitch gives ‘AA-‘ rating to the UAE, one notch below Abu Dhabi

Credit ratings agency Fitch has assigned the United Arab Emirates an AA-(minus) rating with a stable outlook, citing moderate consolidated public debt levels, high GDP per capita and its strong net …
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Posted on 11/11/2020

Agricultural Giant Louis Dreyfus to Sells Major Stake to Abu Dhabi State Firm

Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
( read original story …)


Posted on 11/11/2020

Louis Dreyfus sells big stake to Abu Dhabi fund after investor hunt

AKIRAU.UL] has agreed to sell a large stake to Abu Dhabi-based holding company ADQ, marking the first external investment into the family-run commodity group, founded by Leopold Louis-Dreyfus in 1851.
( read original story …)


Posted on 11/11/2020

Louis-Dreyfus Opens Up for First Time With Abu Dhabi Deal

Dreyfus agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the storied family business to outside ownership for the first time to secure …
( read original story …)


Posted on 11/11/2020

We’re ‘very actively involved’ in talks with firms about relocating to Abu Dhabi, investment office says

Following a Financial Times report about the SoftBank Vision Fund’s possible relocation, Tariq Bin Hendi of the Abu Dhabi Investment Office said it is “actively involved” in inviting firms to move to …
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Posted on 11/11/2020

Louis Dreyfus to sell 45% stake to Abu Dhabi wealth fund

Louis Dreyfus Company, a family-owned commodities trading giant, reached the deal to sell an indirect equity stake to Abu Dhabi’s ADQ …
( read original story …)


Posted on 11/11/2020

Indian engineering student found dead at Sharjah apartment

Investigation has been launched to know the reason behind the mysterious death of the Gujarat-boy, family devastated by the news …
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Posted on 11/11/2020

Soft power is essential for peace building, says Manal Ataya, head of Sharjah Museums

Establishing museums with expansive programs, investing in arts education and higher academic learning of international universities, is how the UAE is fostering cultural diplomacy, according to Manal …
( read original story …)


Posted on 11/11/2020

Dubai Puts Air Conditioning on the Block in Rare Government Asset Sale

Dubai is seeking a buyer for the cooling system operations of its biggest airport as Gulf Arab states lean on asset sales and debt to shore up their finances.
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Posted on 11/11/2020

Louis Dreyfus to Sell 45% Stake to Abu Dhabi, Opening Commodity Giant for First Time

Dreyfus agreed to sell a 45% indirect stake in agricultural trader Louis Dreyfus Co. to Abu Dhabi sovereign wealth fund ADQ, opening the family company to outside ownership for the first time in its …
( read original story …)


Posted on 11/11/2020

Abu Dhabi to invest more in agritech: Abu Dhabi Investment Office

Tariq Bin Hendi of the Abu Dhabi Investment Office states that agriculture technology is one of the areas that Abu Dhabi has a competitive advantage in.
( read original story …)


Posted on 11/11/2020

Work starts on key phase of Mina Zayed renovation project in Abu Dhabi

Abu Dhabi Department of Municipalities and Transport (DMT) has launched the second phase of a comprehensive renovation plan to redevelop designated areas of the iconic Mina Zayed area, and transform …
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